Which of the following involves hiring independent contractors to sell products within personal networks and recruit salespeople in return for a percentage of commissions?

Question

Quizplus · Accepted Answer

The strategy described in the question is called multilevel marketing, which involves recruiting independent contractors to sell products within their personal networks and incentivizing them to recruit more salespeople in return for a percentage of commissions. Penetration pricing refers to pricing products lower than competitors initially to gain market share, while supply chain management involves managing the flow of products from suppliers to customers. Profit margin refers to the difference between revenue and expenses, expressed as a percentage.

Which of the Following Involves Hiring Independent Contractors to Sell